Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Marriott Vacations Worldwide's Enterprise Value for the quarter that ended in Mar. 2026 was $7,537 Mil.
Marriott Vacations Worldwide's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-183 Mil. Marriott Vacations Worldwide's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -2.43%.
The historical rank and industry rank for Marriott Vacations Worldwide's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
VAC'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.39 Med: 4.76 Max: 7.83
Current: -2.07
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Marriott Vacations Worldwide was 7.83%. The lowest was -2.39%. And the median was 4.76%.
VAC's Earnings Yield (Joel Greenblatt) % is ranked worse than 79.39% of 859
companies
in the Travel & Leisure industry
Industry Median: 4.68
vs VAC: -2.07
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Marriott Vacations Worldwide's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Marriott Vacations Worldwide Earnings Yield (Joel Greenblatt) % Related Terms
Marriott Vacations Worldwide Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Marriott Vacations Worldwide's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Resorts & Casinos subindustry, Marriott Vacations Worldwide's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Marriott Vacations Worldwide Earnings Yield (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Marriott Vacations Worldwide's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Marriott Vacations Worldwide's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Marriott Vacations Worldwides Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Marriott Vacations Worldwide's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-183 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -2.43% mean?
Marriott Vacations Worldwide (VAC) has a Earnings Yield (Joel Greenblatt) % of -2.43% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Marriott Vacations Worldwide and its competitors. According to the industry distribution chart, Marriott Vacations Worldwide ranks #682 out of 859 companies in the Travel & Leisure industry, placing it in the top 79.4%.
Is Marriott Vacations Worldwide's Earnings Yield (Joel Greenblatt) % too high?
Marriott Vacations Worldwide's current Earnings Yield (Joel Greenblatt) % is -2.43%. Based on the distribution chart, Marriott Vacations Worldwide ranks #682 out of 859 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Marriott Vacations Worldwide has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marriott Vacations Worldwide's Earnings Yield (Joel Greenblatt) % compare to RRR and PENN?
According to the Travel & Leisure industry distribution chart, Marriott Vacations Worldwide ranks #682 out of 859 companies for Earnings Yield (Joel Greenblatt) %. This places Marriott Vacations Worldwide in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.68. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Travel & Leisure company?
The median Earnings Yield (Joel Greenblatt) % among Travel & Leisure companies is 4.68, based on 859 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Marriott Vacations Worldwide and its competitors. For the Travel & Leisure industry, the median Earnings Yield (Joel Greenblatt) % is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marriott Vacations Worldwide's current Earnings Yield (Joel Greenblatt) % is -2.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marriott Vacations Worldwide stock overvalued right now?
Based on GuruFocus' analysis, Marriott Vacations Worldwide (VAC) is currently considered Fairly Valued. The stock's GF Value™ is $103.24, compared to a current price of $102.57 — trading 0.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -2.43%. Marriott Vacations Worldwide's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Marriott Vacations Worldwide (VAC), the current Earnings Yield (Joel Greenblatt) % is -2.43% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Marriott Vacations Worldwide (VAC) Overvalued in 2026?
Based on GuruFocus' analysis, Marriott Vacations Worldwide stock appears to be undervalued.
The current stock price of $102.57 is trading 0.6% below its estimated GF Value™ of $103.24.
GuruFocus considers Marriott Vacations Worldwide to be Fairly Valued.
Key valuation signals for VAC:
Earnings Yield (Joel Greenblatt) %: -2.43%
GF Value™: $103.24 vs. price of $102.57 (0.6% below fair value)
No single metric tells the full story. See the VAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marriott Vacations Worldwide Corp functions in the United States leisure industry. It owns and manages a cluster of resorts and accommodation facilities under trademarks like Marriott Vacation Club, Grand Residencies, and The Ritz-Carlton Destination Club predominantly in the United States. Some of its properties are also spread across Europe and Asia Pacific. Marriott's majority revenue components include the sale of vacation ownership products such as luxurious vacation packages. In addition, it offers purchase money financing to the end users of its core services. The company operates in two reportable segments: Vacation Ownership and Exchange & Third-Party Management. The majority of revenue is derived from the Vacation Ownership segment.
84GF Score
Get the complete analysis for VAC
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
VAC has been successfully added to your 
